HomeMy WebLinkAbout2020.10.05 RESO 2020-56 Participation in Local Housing IncentivesRESOLUTION 2020-56
RESOLUTION ELECTING TO PARTICIPATE IN
THE LOCAL HOUSING INCENTIVES ACCOUNT PROGRAM
UNDER THE METROPOLITAN LIVABLE COMMUNITIES ACT
CALENDAR YEARS 2021 THROUGH 2O30
WHEREAS, the Metropolitan Livable Communities Act (Minnesota Statutes sections 473.25 to
473.255) establishes a Metropolitan Livable Communities Fund which is intended to address
housing and other development issues facing the metropolitan area defined by Minnesota Statutes
section 473.121; and
WHEREAS, the Metropolitan Livable Communities Fund, comprising the Tax Base Revitalization
Account, the Livable Communities Demonstration Account, the Local Housing Incentive Account
and the Inclusionary Housing Account, is intended to provide certain funding and other assistance to
metropolitan -area municipalities; and
WHEREAS, a metropolitan -area municipality is not eligible to receive grants or loans under the
Metropolitan Livable Communities Fund or eligible to receive certain polluted sites cleanup funding
from the Minnesota Department of Employment and Economic Development unless the
municipality is participating in the Local Housing Incentives Account Program under Minnesota
Statutes section 473.254; and
WHEREAS, the Metropolitan Livable Communities Act requires that each municipality establish
affordable and life -cycle housing goals for that municipality that are consistent with and promote the
policies of the Metropolitan Council as provided in the adopted Metropolitan Development Guide;
and
WHEREAS, a metropolitan -area municipality can participate in the Local Housing Incentives
Account Program under Minnesota Statutes section 473.254 if: (a) the municipality elects to
participate in the Local Housing Incentives Program; (b) the Metropolitan Council and the
municipality successfully negotiate new affordable and life -cycle housing goals for the municipality;
(c) the Metropolitan Council adopts by resolution the new negotiated affordable and life -cycle
housing goals for the municipality; and (d) the municipality establishes it has spent or will spend or
distribute to the Local Housing Incentives Account the required Affordable and Life -Cycle Housing
Opportunities Amount (ALHOA) for each year the municipality participates in the Local Housing
Incentives Account Program.
NOW, THEREFORE, BE IT RESOLVED THAT the City of Hugo;
1. Elects to participate in the Local Housing Incentives Program under the Metropolitan
Livable Communities Act for calendar years 2021 through 2030.
2. Agrees to the following affordable and life -cycle housing goals for calendar years 2021
through 2030:
Affordable Housing Goals Range
Life -Cycle Housing Goal
459-834
2500
3. Will prepare and submit to the Metropolitan Council a plan identifying the actions it plans to
take to meet its established housing goals.
ADOPTED by the City Council this 5th day of October, 2
Tom Weidt, Mayor
ATTEST:
Michele Lindau, City Clerk